# U.S. Treasury Tells Russia: No Economic Relief Until War in Ukraine Ends, Reuters Reports

*Tuesday, September 1, 2026 at 10:07 AM UTC — Hamer Intelligence Services Desk*

**Published**: 2026-09-01T10:07:17.277Z (3h ago)
**Category**: geopolitics | **Region**: Global
**Importance**: 8/10
**Sources**: OSINT
**Permalink**: https://hamerintel.com/data/articles/16494.md
**Source**: https://hamerintel.com/summaries

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**Deck**: U.S. Treasury Secretary Scott Bessent told Russian Finance Minister Anton Siluanov there would be no economic relief while Russia’s war against Ukraine continues, cutting off a wider discussion of mutual interests, Reuters reports.

U.S. financial pressure on Russia is set to continue, with Treasury Secretary Scott Bessent reported to have ruled out economic relief while the war in Ukraine goes on.

According to Reuters, Bessent delivered the message during a bilateral meeting with Russian Finance Minister Anton Siluanov on the sidelines of the G20. When Siluanov tried to discuss issues of mutual interest, Bessent cut him off, saying: "None of this is possible until the war ends."

Reuters reported that the meeting focused mainly on Donald Trump’s peace plan for Ukraine. Details of that discussion were not disclosed, but the exchange underscored that Washington is tying any easing of economic pressure directly to an end to Russia’s campaign in Ukraine.

The United States and its partners have imposed a wide range of sanctions on Russia since the start of the full‑scale invasion, restricting access to financial markets, technology and key sectors of the economy. Bessent’s reported comments signal that, from the U.S. Treasury’s perspective, these measures will not be traded away in parallel talks while fighting continues.

Signals to watch now include any public response from Moscow to the reported exchange, further clarification from Washington on how it links sanctions to progress on Ukraine, and whether Trump’s peace plan begins to feature more prominently in official diplomatic discussions.